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Melio

Accounts Payable Automation Software

4.4 1,000 user ratings

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Overview

Description AvidXchange enables you to automate the entirety of your accounts payable process. As part of this functionality, AvidXchange allows you to reduce your processing costs, accelerate the approval process, as well as almost completely eliminate paper, which provides sustainability benefits for your company. This solution also ensures you have complete control over your spending, as well as visibility into and transparency within this. With AvidXchange, you can automate your manual accounts payable tasks, while reducing time your team spends wasting doing things such as chasing approvals, processing paper invoices, and answering inquiries. With AvidXchange’s Purchase-to-Pay (P2P) automation functionality, you can streamline your purchasing operations and processes, including ensure you have optimal spending in place, improving the reports you produce, and enhancing the way you budget for your whole company. This will enable you to run more effective and efficient AP processes, while always staying compliant. Read more Tipalti is an account payable automation, global payment and procurement platform. Businesses that are looking to scale finance operations and processes trust this platform to reduce their workload by 80% or more. Tipalti's end-to-end accounts payable interface comes with a built-in OCR, enabling touchless invoice processing. Furthermore, the platform featuring AI-driven approval and line-item workflows results in invoice management, seamlessly. The brandable 24/7 self-service supplier hub and proactive supplier payment status notifications help in supplier management. Furthermore, Tipalti with its frictionless approval cycle helps in both 2-way and 3-way matching. The platform approves control and visibility overspend. Not to mention, it is easy to use across the organisation. Tipalti encourages 6 unique payment methods across 120 currencies and 196 countries. The platform’s centralised AP helps businesses manage unique payable workflows. Approved by KPMG, Tipalti ensures users can collect and validate IRS and VAT IDs. Its other features include payment reconciliation, financial controls, self-billing module, fraud detection, early payments, secure cloud, ERP integrations, performance-to-pay integrations and more. Read more Melio is a secure yet straightforward payment management tool specifically designed for small businesses and startups. The tool can be effectively used to manage both receivables as well as payables. Organizations with the help of Melio can make bank transfers or even mail checks to their clients without any charges. It can be easily linked to Quickbooks with two-way sync, reducing any duplicate data entry. It also supports workflows to ensure necessary approvals are taken before releasing any payments. Melio gives a snapshot of all your client accounts in a single login. Users can also schedule their payments to ensure that the deadlines are not missed. Melio can also be used to collect money digitally from clients without any charges. It can be used to create and send payment requests to clients. Clients can easily click on the link and make payments via bank transfers or even credit cards without signing up on any portal. Read more
Pricing Options
  • Free Trial Available
  • AvidXchange Offers Custom plan.
  • Free Trial Not Available
  • Starts at $149.0.
  • Free Trial Not Available
  • Melio Offers Free-forever plan.

Technical Details

Organization Types Supported
  • Individuals
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Individuals
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Individuals
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
Platforms Supported
  • SaaS/Web/Cloud
  • SaaS/Web/Cloud
  • SaaS/Web/Cloud
Modes of Support
  • Business Hours
  • Online
  • Business Hours
  • Online
  • Business Hours
  • Online
API Support
  • NA
  • Available
  • NA

Reviews & Ratings

User Rating
4.3/5 501 user ratings
4.6/5 306 user ratings
4.4/5 1,000 user ratings
Rating Distribution
  • Excellent

    51.9%
  • Very Good

    37.3%
  • Average

    4.8%
  • Poor

    4.2%
  • Terrible

    1.8%
  • Excellent

    69.9%
  • Very Good

    25.5%
  • Average

    2.3%
  • Poor

    1.6%
  • Terrible

    0.7%
  • Excellent

    78.3%
  • Very Good

    6.9%
  • Average

    1.5%
  • Poor

    1.5%
  • Terrible

    11.8%
User Sentiments

    Automated Invoice Processing, User-Friendly Interface, Streamlined Approval Process, Comprehensive Invoice Tracking

    Slow Payment Processing, Indexing Errors, Occasional System Bugs, Limited Workflow Customization

    Not Available

    Great Customer Service, Ease of Use, Quick Payment Processing, Seamless QuickBooks Integration

    Delayed Payments, Lack of Phone Support, Inconsistent Payment Delivery, Account Verification Issues

Review Summary

Overall, AvidXchange users appreciate its user-friendly interface, automation capabilities, and excellent customer support. It is known to streamline processes, improve efficiency, and provide detailed insights into financial data. However, some users have reported occasional technical glitches and a learning curve for new users. The pricing structure may also pose a concern for some businesses. Additionally, some users have highlighted the need for more robust reporting and analytics capabilities. Despite these drawbacks, AvidXchange remains a popular choice for businesses seeking a comprehensive and user-friendly financial management solution.

Not Available

Overall, Melio is a well-received online payment solution that simplifies business bill payments and streamlines financial operations. Users praise its user-friendly interface, seamless integration with accounting software, and time-saving features such as automatic bill reminders and scheduled payments. While some reviewers mention occasional glitches and customer service delays, the majority applaud Melio's efficiency, cost-effectiveness, and positive impact on their businesses.

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AI-Generated from the text of User Reviews

Pricing

Pricing Options
  • Free Trial Available
  • AvidXchange Offers Custom plan.
  • Free Trial Not Available
  • Starts at $149.0.
  • Free Trial Not Available
  • Melio Offers Free-forever plan.
Pricing Plans
Monthly Plans Annual Plans

AvidXchange Custom

Tipalti Express $149.00 $149.00 per month

Essentials (Business) Free

Essentials (Accountant) Free

 
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Alternatives

 

Screenshots & Videos

Screenshots AvidXchange screenshot: AvidXchange allows users to pay vendors electronically
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Billing
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How Vendor Receive Screen
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Videos Video Thumbnail
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Vendor information

Company Details Located in: Charlotte, NC - 28206 Located in: San Mateo, California Founded in: 2010 Located in: New York, New York Founded in: 2018
Contact Details

800.560.9305

https://www.avidxchange.com/

+1 (650) 530-1870

https://tipalti.com/

Not available

https://www.meliopayments.com/

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